Household in the context of Family


Household in the context of Family

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⭐ Core Definition: Household

A household consists of one or more persons who live in the same dwelling. It may be of a single family or another type of person group. The household is the basic unit of analysis in many social, microeconomic and government models, and is important to economics and inheritance.

Household models include families, blended families, shared housing, group homes, boarding houses, houses of multiple occupancy (UK), and single room occupancy (US). In feudal societies, the royal household and medieval households of the wealthy included servants and other retainers.

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Household in the context of Cost of living

The cost of living is the cost of maintaining a certain standard of living for an individual or a household. Changes in the cost of living over time can be measured in a cost-of-living index. Cost of living calculations are also used to compare the cost of maintaining a certain standard of living in different geographic areas. Differences in the cost of living between locations can be measured in terms of purchasing power parity rates. A sharp rise in the cost of living can trigger a cost of living crisis, where purchasing power is lost and, for some people, their previous lifestyle is no longer affordable.

The link between income and health is well-established. People who are facing poverty are less likely to seek regular and professional medical advice, receive dental care, or resolve health issues. The cost of prescription medicine is often cited as a metric in cost of living research and consumer price indices. Cost of living pressures may lead to household energy insecurity or fuel poverty as well as housing stress.As the cost of living steadily increases, the amount of household income necessary for a financially comfortable life subsequently increases, thus resulting in the number of people who do possess the privilege of a comfortable financial situation decreasing over time. Said privileges of financial comfort become more exclusive to higher classes as the cost of living becomes difficult to afford for more and more people.

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Household in the context of House

A house is a single-unit residential building. It may range in complexity from a rudimentary hut to a complex structure of wood, masonry, concrete or other material, outfitted with plumbing, electrical, and heating, ventilation, and air conditioning systems. Houses use a range of different roofing systems to keep precipitation such as rain from getting into the dwelling space. Houses generally have doors or locks to secure the dwelling space and protect its inhabitants and contents from burglars or other trespassers. Most conventional modern houses in Western cultures will contain one or more bedrooms and bathrooms, a kitchen or cooking area, and a living room. A house may have a separate dining room, or the eating area may be integrated into the kitchen or another room. Some large houses in North America have a recreation room. In traditional agriculture-oriented societies, domestic animals such as chickens or larger livestock (like cattle) may share part of the house with humans.

The social unit that lives in a house is known as a household. Most commonly, a household is a family unit of some kind, although households may also have other social groups, such as roommates or, in a rooming house, unconnected individuals, that typically use a house as their home. Some houses only have a dwelling space for one family or similar-sized group; larger houses called townhouses or row houses may contain numerous family dwellings in the same structure. A house may be accompanied by outbuildings, such as a garage for vehicles or a shed for gardening equipment and tools. A house may have a backyard, a front yard or both, which serve as additional areas where inhabitants can relax, eat, or exercise.

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Household in the context of Dwelling

In law, a dwelling (also known as a residence, abode or domicile) is a self-contained unit of accommodation – such as a house, apartment, mobile home, houseboat, recreational vehicle, or other "substantial" structure – used as a home by one or more households. The concept of a dwelling has significance in relation to search and seizure, conveyancing of real property, burglary, trespass, and land-use planning.

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Household in the context of Food security

Food security is the state of having reliable access to a sufficient quantity of affordable, healthy food. The availability of food for people of any class, gender, status, ethnicity, or religion is another element of food protection. Similarly, household food security is considered to exist when all the members of a family have consistent access to enough food for an active, healthy life. Food-secure individuals do not live in hunger or fear of starvation. Food security includes resilience to future disruptions of food supply. Such a disruption could occur due to various risk factors such as droughts and floods, shipping disruptions, fuel shortages, economic instability, and wars. Food insecurity is the opposite of food security: a state where there is only limited or uncertain availability of suitable food.

The concept of food security has evolved over time. The four pillars of food security include availability, access, utilization, and stability. In addition, there are two more dimensions that are important: agency and sustainability. These six dimensions of food security are reinforced in conceptual and legal understandings of the right to food. The World Food Summit in 1996 declared that "food should not be used as an instrument for political and economic pressure."

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Household in the context of Circular flow of income

The circular flow of income or circular flow is a model of the economy in which the major exchanges are represented as flows of money, goods and services, etc. between economic agents. The flows of money and goods exchanged in a closed circuit correspond in value, but run in the opposite direction. The circular flow analysis is the basis of national accounts and hence of macroeconomics.

The idea of the circular flow was already present in the work of Richard Cantillon. François Quesnay developed and visualized this concept in the so-called Tableau économique. Important developments of Quesnay's tableau were Karl Marx's reproduction schemes in the second volume of Capital: Critique of Political Economy, and John Maynard Keynes' General Theory of Employment, Interest and Money. Richard Stone further developed the concept for the United Nations (UN) and the Organisation for Economic Co-operation and Development to the system, which is now used internationally.

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Household in the context of Agent (economics)

In economics, an agent is an actor (more specifically, a decision maker) in a model of some aspect of the economy. Typically, every agent makes decisions by solving a well- or ill-defined optimization or choice problem.

For example, buyers (consumers) and sellers (producers) are two common types of agents in partial equilibrium models of a single market. Macroeconomic models, especially dynamic stochastic general equilibrium models that are explicitly based on microfoundations, often distinguish households, firms, and governments or central banks as the main types of agents in the economy. Each of these agents may play multiple roles in the economy; households, for example, might act as consumers, as workers, and as voters in the model. Some macroeconomic models distinguish even more types of agents, such as workers and shoppers or commercial banks.

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Household in the context of Water resource management

Water resources are natural resources of water that are potentially useful for humans, for example as a source of drinking water supply or irrigation water. These resources can be either freshwater from natural sources, or water produced artificially from other sources, such as from reclaimed water (wastewater) or desalinated water (seawater). 97% of the water on Earth is salt water and only three percent is fresh water; slightly over two-thirds of this is frozen in glaciers and polar ice caps. The remaining unfrozen freshwater is found mainly as groundwater, with only a small fraction present above ground or in the air. Natural sources of fresh water include frozen water, groundwater, surface water, and under river flow. People use water resources for agricultural, household, and industrial activities.

Water resources are under threat from multiple issues. There is water scarcity, water pollution, water conflict and climate change. Fresh water is in principle a renewable resource. However, the world's supply of groundwater is steadily decreasing. Groundwater depletion (or overdrafting) is occurring for example in Asia, South America and North America.

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Household in the context of Energy economics

Energy economics is a broad scientific subject area which includes topics related to supply and use of energy in societies. Considering the cost of energy services and associated value gives economic meaning to the efficiency at which energy can be produced. Energy services can be defined as functions that generate and provide energy to the “desired end services or states”. The efficiency of energy services is dependent on the engineered technology used to produce and supply energy. The goal is to minimise energy input required (e.g. kWh, mJ, see Units of Energy) to produce the energy service, such as lighting (lumens), heating (temperature) and fuel (natural gas). The main sectors considered in energy economics are transportation and building, although it is relevant to a broad scale of human activities, including households and businesses at a microeconomic level and resource management and environmental impacts at a macroeconomic level.

Interdisciplinary scientist Vaclav Smil has asserted that "every economic activity is fundamentally nothing but a conversion of one kind of energy to another, and monies are just a convenient (and often rather unrepresentative) proxy for valuing the energy flows."

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Household in the context of Telephone

A telephone, commonly shortened to phone, is a telecommunications device that enables two or more users to conduct a conversation when they are too far apart to be easily heard directly. A telephone converts sound, typically and most efficiently the human voice, into electronic signals that are transmitted via cables and other communication channels to another telephone which reproduces the sound to the receiving user. The term is derived from Ancient Greek: τῆλε, romanizedtēle, lit.'far' and φωνή (phōnē, voice), together meaning distant voice.

In 1876, Alexander Graham Bell was the first to be granted a United States patent for a device that produced clearly intelligible replication of the human voice at a second device. This instrument was further developed by many others, and became rapidly indispensable in business, government, and in households.

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Household in the context of Kawasaki, Kanagawa

Kawasaki, officially Kawasaki City, is a city in Kanagawa Prefecture, Japan, one of the main cities of the Greater Tokyo Area and Keihin Industrial Area. It is the second most populated city in Kanagawa Prefecture after Yokohama, and the eighth most populated city in Japan (including the Tokyo Metropolitan Area).

As of October 1, 2017, the city has an estimated population of 1,503,690, with 716,470 households, and a population density of 10,000 persons per km. Kawasaki is the only city in Japan with more than one million inhabitants that is not a prefectural capital. The total area is 142.70 km (55.10 sq mi).

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Household in the context of Ikoma, Nara

Ikoma (生駒市, Ikoma-shi) is a city in the northwestern end of Nara Prefecture in the Kansai region of Japan. It was founded on November 1, 1971. As of September 1, 2023, the city has an estimated population of 117,259, with 51,478 households. It has a population density of 2,300 persons per km², and it has the third largest population in the prefecture. The total area is 53.18 km². The city is known as one of the most affluent suburbs of the Greater Osaka Metropolitan Area (Keihanshin), with a high rate of college graduates, professionals, and company directors amongst its residents. As a result, the city has developed as a satellite city of Osaka, with some 54% of its residents commuting across prefectural borders to Osaka. Kansai Science City is partially located in Ikoma, which is also home to the Nara Institute of Science and Technology. The city is also famous for chasen.

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Household in the context of Roommate

A roommate is a person with whom one shares a living facility such as a room or dormitory except when being family or romantically involved. Similar terms include dorm-mate, suite-mate, housemate, or flatmate ("flat": the usual term in British English for an apartment). Flatmate is the term most commonly used in New Zealand, when referring to the rental of an unshared room within any type of dwelling. Another similar term is sharemate (shared living spaces are often called sharehouses in Australia and other Commonwealth countries). A sharehome is a model of household in which a group of usually unrelated people reside together, including lease-by-room arrangements. The term generally applies to people living together in rental properties rather than in properties in which any resident is an owner occupier. In the United Kingdom, the term "roommate" means a person sharing the same bedroom; in the United States and Canada, "roommate" and "housemate" are used interchangeably regardless of whether a bedroom is shared, although at US universities having a roommate commonly implies sharing a bedroom. This article uses the term "roommate" in the US sense of a person one shares a residence with who is not a relative or significant other. The informal term for roommate is roomie, which is commonly used by university students and members of the younger generation.

The most common reason for sharing housing is to reduce the cost of housing. In many rental markets, the monthly rent for a two- or three-bedroom apartment is proportionately less per bedroom than the rent for a one-bedroom apartment (in other words, a three-bedroom flat costs more than a one-bedroom, but not three times as much). By pooling their monthly housing money, a group of people can achieve a lower housing expense at the cost of less privacy. Other motivations are to gain better amenities than those available in single-person housing, to share the work of maintaining a household, and to have the companionship of other people.

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Household in the context of Housekeeping

Housekeeping is the management and routine support activities of running and maintaining an organized physical institution occupied or used by people, like a house, ship, hospital or factory, such as cleaning, tidying/organizing, cooking, shopping, and bill payment. These tasks may be performed by members of the household, or by persons hired for the purpose. This is a more broad role than a cleaner, who is focused only on the cleaning aspect. The term is also used to refer to the money allocated for such use. By extension, it may also refer to an office or a corporation, as well as the maintenance of computer storage systems.

The basic concept can be divided into domestic housekeeping, for private households, and institutional housekeeping for commercial and other institutions providing shelter or lodging, such as hotels, resorts, inns, boarding houses, dormitories, hospitals and prisons. There are related concepts in industry known as workplace housekeeping and Industrial housekeeping, which are part of occupational health and safety processes.

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Household in the context of Small appliance

A small domestic appliance (also known as a small electric appliance or minor appliance or simply a small appliance, small domestic or small electric) is a portable or semi-portable machine, generally used on table-tops, counter-tops or other platforms, to accomplish a household task. Examples include microwave ovens, kettles, toasters, humidifiers, food processors and coffeemakers. They contrast with major appliances (known as "white goods" in the UK), such as the refrigerators and washing machines, which cannot be easily moved and are generally placed on the floor. Small appliances also contrast with consumer electronics (British "brown goods") which are for leisure and entertainment rather than purely practical tasks. Small appliances are often mechanically simple devices, typically built around a single heating element, fan, set of blades or similar mechanism with only a few mechanical linkages, which generally makes them straightforward to repair.

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Household in the context of Gross fixed capital formation

Gross fixed capital formation (GFCF) is a component of the expenditure on gross domestic product (GDP) that indicates how much of the new value added in an economy is invested rather than consumed. It measures the value of acquisitions of new or existing fixed assets by the business sector, governments, and "pure" households (excluding their unincorporated enterprises) minus disposals of fixed assets.

GFCF is a macroeconomic concept used in official national accounts such as the United Nations System of National Accounts (UNSNA), National Income and Product Accounts (NIPA), and the European System of Accounts (ESA). The concept dates back to the National Bureau of Economic Research (NBER) studies of Simon Kuznets of capital formation in the 1930s, and standard measures for it were adopted in the 1950s.

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